KiloEx Update on Hack Event: Case Filed in Hong Kong, Compensation Plan Under Development, Fundraising in Progress

BlockBeats News, April 17th, according to official sources, KiloEx announced progress on the April 15th hacking incident, stating that a police report has been filed with the Hong Kong police and a case has been opened. They are currently cooperating with the Criminal Investigation Department and the Cyber Security Bureau to investigate, and some information related to the hacker has been obtained. Meanwhile, KiloEx has collaborated with the security company SlowMist to submit a detailed incident report, which will be publicly released when the time is right.

The security vulnerability has been patched, and there is currently no risk of position liquidation. All positions will be settled at the snapshot price before the incident. KiloEx is working on a compensation plan and raising funds. The Vault function will gradually resume after the plan is finalized, ensuring the security of user funds.

The hacker has not moved the stolen funds. KiloEx has sent multiple on-chain messages requesting a return of 90%, but has not received a response. The related addresses have been blocked in cooperation with several DeFi protocols and CEX platforms.

In response to rumors of internal involvement, KiloEx emphatically clarifies: the police and SlowMist have conducted a comprehensive investigation and have access to all internal data. If there are any internal issues, the case will not be pursued.